Gabon deal shows rise of nature bond conversions
The Gabon blue bond is the third debt-for-nature deal of this type signed in the last year, boosting confidence these transactions can be scaled. Ahren Lester writes
Gabon secures ground-breaking $500m debt-for-nature blue bond
Gabon has issued a $500 million blue bond to fund a debt conversion which will unlock more than $160 million of funding for ocean conservation projects, becoming the first issuer of such a deal in mainland Africa and on public bond markets.